Travel Tips Holiday money

Morrisons travel money exchange rate: What you need to know

Alex Beaney

03.01.25

Read time 2 minutes

Getting ready for a trip abroad? While you might be used to relying on your regular card for spending, it’s worth considering other options. Services like Morrisons Travel Money can help you obtain foreign currency and get ready for your time overseas.

In this guide, we’ll explain the Morrisons Travel Money exchange rate and show you how to check it. We’ll also cover other key features of the service.

We’ll also show you a cost-effective way to spend while abroad. For international purchases, whether online or in person, you can rely on the Wise international debit card. You can even withdraw cash like a local for low fees* at the mid-market exchange rate.

Learn more about the Wise card

What is Morrisons Travel Money?

Morrisons Travel Money is a foreign currency service offered by the supermarket chain Morrisons in partnership with eurochange. You can exchange your pounds with 0% commission and no hidden fees.¹

You can either pick up your foreign currency in-store or have it delivered to your home address. Pick-up is available at more than 240 Morrisons stores or eurochange branches. If they have your desired currency in stock and you visit them during working hours, they can have your money ready in as little as 60 seconds. When it comes to home delivery, it’s free if you order more than £500.¹ Smaller orders come with a £5 fee.²

There are more than 50 currencies available, such as Polish zloty, US dollars, Mexican peso, UAE dirham and Egyptian pounds. When you order money through their website, you can exchange a minimum of £200 and a maximum of £2,500 worth of currency.³

What is the Morrisons Travel Money Exchange Rate?

The Morrisons Travel Money exchange rate includes a markup over the mid-market exchange rate. This added fee covers the cost of converting your pounds and delivering them to you. The Morrisons Travel Money exchange rates are always available on their website, but in-branch rates may differ.⁴

You can also sell back any leftover currency to Morrisons and exchange it for pounds or another foreign currency. However, a different exchange rate will apply in this case. You’ll get their online sell-back rate which you can secure for two days.⁵

On the other hand, Wise uses the mid-market exchange rate. This is the rate money services and banks use when they trade between themselves, with no added margin. Whenever you spend abroad, Wise automatically converts your pounds to the local currency, with only a small, transparent conversion fee included.

How to check the Morrisons exchange rate

The Morrisons Travel Money exchange rate is available on their website, where you can use their calculator to see how much foreign currency you'll receive for your pounds. However, in-branch rates may differ, so be sure to check before exchanging.⁴

Get the mid-market rate with Wise

Now that you know more about the Morrisons Travel Money exchange rate and its other features, you can decide if it's the right choice for your trip abroad. However, there are other cost-effective options available as well, such as the Wise account.

The Wise international debit card allows you to spend in the local currency in 150+ countries. Whenever you pay, whether online or in person, your pounds are automatically converted at the mid-market exchange rate, without any margins or mark-ups. Open a Wise account online, hold and exchange 40+ currencies and order the Wise card for a one-time fee of £7.

Sources used:

Morrisons Travel Money - homepage
Morrisons Travel Money - currency home delivery
Morrisons Travel Money - travel money
Morrisons Travel Money - currency exchange rates
Morrisons Travel Money - sell back your leftover travel money

Sources last checked on date: 23-Dec-2024

*Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.

This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.

We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.